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Birks & Mayors 1Q Sales -3%

Jul 15, 2012 4:30 AM   By Avi Krawitz
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RAPAPORT... Birks & Mayors reported that net sales fell 3 percent year on year to $68.8 million in the ‎first quarter that ended June 30, 2012. Comparable-store sales increased 3 percent. ‎

The decline in sales came as the company operated 10 fewer stores than in the previous ‎year. Birks & Mayors also wrote off $1.7 million due to currency conversions as ‎the Canadian dollar depreciated against the U.S. dollar.  ‎
Tags: Avi Krawitz, Birks & Mayors, diamonds, jewellery, Jewelry, Rapaport
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